Understand the Q Schedule in Life Insurance, a crucial compliance requirement in New York State, detailing the insurer's business expenses.
Understand what a Cease and Desist Order is in legal terminology. Learn how this court order requires an entity to halt specific practices and how it relates to insurance regulations.
Explore the role of the Director of Insurance, the key leader in state insurance departments responsible for regulating and overseeing insurance practices.
Understand File and Use Rating Laws, state regulations that allow insurers to implement new rates without obtaining prior approval from the insurance department. Discover its implications in the insurance industry.
Understand Public Law 15, a crucial 1945 Congressional Act that exempts insurance from federal anti-trust laws provided state regulation. Learn its impact on the insurance industry.
Learn about examination, an essential evaluation conducted by the state insurance department of an insurance company, its significance, and its impact on insurance practices.
Learn about Multiple Line Law, a state law permitting insurers to write both property and casualty insurance within the same policy. Discover key insights and implications for policyholders and insurers.
